Plan Snapshot
- Plan Sponsor: Riverside Community Care, INC.
- Sponsor EIN: 043097170
- Sponsor Address: 270 BRIDGE STREET, SUITE 301, DEDHAM, MA, 020261883
- Plan Type: 403(b)
- Total Participants: 1,612
- Total Assets: $24.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,612 | $24.3M | $444,031 | $3.1M |
| 2023 | 1,560 | $20.7M | $341,558 | $2.6M |
| 2022 | 1,441 | $16.6M | $0 | $1.8M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| LINCOLN NATIONAL CORPORATION | Recordkeeper | $80,926 | — | $80,926 |
| GALLAGHER BENEFIT SERVICES, INC. | Investment Advisor | $40,039 | — | $40,039 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LINCOLN NATIONAL CORPORATION — Recordkeeper
- GALLAGHER BENEFIT SERVICES, INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $120,965
- Estimated Expense Ratio: 0.498% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $120,965 | $40,039 | $80,926 | — | — |
| 2023 | $109,974 | $35,474 | $74,500 | — | — |
| 2022 | $98,507 | $33,404 | $65,103 | — | — |